ETC Feb 28 - is in breakout modeAnother Gem sharing from the TTR
One of my favorite and under valued coin imo.
It still can be mined and I'm sure the mining equipment will sky rocket when this goes above $75
My targets are on the chart, those were posted long time ago as well as the long-term targets.
Very bullish weekly candle here, expect a strong continuation into 32.50+
The first maj target is $46-50
ETCUSDT
ETC ANALYSIS🚀#ETC Analysis : What Next ??💲💲
✅️As we can see that there was a formation of Descending Triangle Pattern in #ETC and given a breakout and also the breakout of major resistance area and gave us a bullish movement. Right now #ETC is trading above its major reissue area. We are expecting around 40-50% bullish move 📈📈
🔰Current Price: $25.81
🎯 Target Price: $39.11
⚡️What to do ?
👀Keep an eye on #ETC price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#ETC #Cryptocurrency #TechnicalAnalysis #DYOR
ETC/USDT 1D Long-Term CHartI invite you to review the ETC chart in pair with USDT, on a one-day time frame. First, we will use the yellow line to determine the main upward trend line. However, using blue lines locally, it is worth marking the local upward trend channel in which the price is currently located.
Moving on, we can move on to marking the resistance points. And here, after unfolding the Fib Retracement tool, there is significant resistance at the level of $28.39, and then the price must face a strong resistance zone from $30.17 to $32.44.
Looking the other way, we can see that there is support at the level of $23.68, then there is support at the level of $21.33, and further there is support around the level of $18.33.
When we look at the RSI indicator, we can see that we remain in the upper part of the range, but with room for price increases, while on the STOCH indicator, we are bouncing off the upper limit, which could potentially provide a rebound, but the current BTC increases keep the market in the growth phase.
ETC/USDT 4HInterval Chart ReviewHello everyone, I invite you to review the ETC chart in pair with USDT. First, we will use the yellow line to determine the downward trend from which the price went up and created a local upward trend channel.
Moving forward, we will mark support places. And after unfolding the Fib Retracement grid, you can see support at $23.76, which has held the price several times, then there is support at $21.34, and then you can see strong support at $18.30.
Looking the other way, we see that the price is testing the resistance at $25.83, then there is resistance at $28.40, and then there is a strong resistance zone from $30.22 to $32.50.
There is a visible downward movement on the RSI indicator, but there is still room for growth, while the STOCH indicator also remains at the upper limit, which may potentially result in a price drop.
ETC/USDT Keep an eye on this support. Bounce or Break down ??💎 ETC's market trajectory recently has garnered significant attention. A week ago, ETC successfully breached a key resistance level and is currently in a retesting phase at what was previously a resistance, now serving as support.
💎 If this retesting proves to be valid and ETC bounces off this support level, it could signal an extension of its upward movement, probability challenging the strong supply and bearish Order Block (OB) areas.
💎 However, should ETC fail to maintain this support level, it might indicate a false breakout. In such a scenario, ETC's price could revert to a downward trajectory, possibly reaching the demand area around $18.7 to gather momentum for a potential bounce.
💎 In the event of such a downturn, ETC would be perceived as reentering a bearish phase due to the false breakout. For a bullish resurgence, ETC would need to reclaim and consolidate above the $24 support level. If ETC aims to resume its upward journey and reach projected targets, maintaining this level is crucial. Conversely, a breach of the $18.7 demand level could lead to further decline, potentially driving ETC towards a more substantial support area.
it's time to going up for ETCUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price: 29.50
Target1: 30.62
Target2: 32.25
Target3(Final Target): 33.58
Stoploss: 27.6
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SasanSeifi 💁♂ ETC / 3DAY⏩ 28$Hey everyone,
As you can see in the 3-day timeframe, the price has been rising from the demand zone and bullish order block. It broke the downtrend line and retraced back to the 22-dollar price range. It is currently trading at 22.30 dollars.
In the medium term, the price may continue to rise to the BEARISH BB zone.
Here are two scenarios we can consider:
1 The price could rise from the 22-dollar range.
2 The price could range between 21 and 20 dollars for a while, and then rise to the target ranges of 27 and 28 dollars.
If the price rises, it will be important to see how it reacts to the BEARISH BB zone. This will help us to understand the continuation of the trend.
⭕On the other hand, if the price breaks below the 20-dollar range and consolidates, it may be facing a correction.
I hope this helps!
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
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ETC short idea hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
🌐🚀 Ethereum Classic (ETC) Analysis 📊💹🔓 Breaking Out of Range:
Ethereum Classic (ETC) is breaking out of its range dating back to October 2022.
📈 Bullish Scenario:
If bulls secure the $27.30 level, there's potential for a push into the $40, where the next resistance lies.
📉 Bearish Scenario:
If it's a bull trap, a potential downside could lead to a crash into the $18 region.
⚖️ Ethereum Ecosystem Movement:
Ethereum Classic's breakout signals a potential shift in the Ethereum ecosystem dynamics.
📅 Timing Consideration:
Waiting for confirmation and retesting of the region above the range rather than chasing the move.
📣 Conclusion:
ETC's breakout brings the potential for a significant upward movement.
The $27.30 level is crucial for bullish continuation.
Caution advised, and waiting for a retest may provide a more strategic entry.
#ETCAnalysis #CryptoMarket #EthereumClassic
How is ETC?On the weekly time frame I was checking the structure of ETC
Examining the ETC waveform, I noticed that it is inside a large diametric that now seems to be about to complete its F wave
After the completion of wave F, we will enter wave G, which can end in the green zone of this wave and enter the next upward phase.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
How many chances do you think Ethereum Classic will give you?
Target-1 (short term) = $ 45
Target-2 (medium term) = $ 95
Target-3 (long term) ----> 1 ETC = 1 BNB
You know what I'm saying is true, I know you know!
Appendix:
1- BNB (2021-2022)
2- Ethereum Classic (ETC) is not a security under existing United States laws
Brief Analysis——ETCLet’s get the long-awaited BTC ETF approved. This marks a new era for cryptocurrency. More funds from U.S. entities will flow into the crypto market.
Although all 11 BTC ETFs have been approved, the SEC’s attitude does not appear to have changed. The reason we think so is that the SEC deliberately waited for the U.S. stock market to close before approving the BTC ETF, and when Gensler approved the BTC ETF, he stated that the approval of the ETF was only based on pressure from the court and did not support or recognize the view of BTC. Of course, this will not affect subsequent capital inflows, but regulation may mark some tokens as unregistered securities again to clean up the crypto market.
Another special thing is that ETH saw a significant increase after the BTC ETF was approved, while BTC did not. This may mean that the market has turned its back on BTC ETFs and begun pricing Dencun.
The token we will analyze today is ETC. As a token that will be halved in 2024, let’s take a look at its recent performance.
Compared with other tokens, ETC has performed generally during this round of rise. Before yesterday, the maximum increase was less than 70%. With the gains yesterday, ETC is out of the 2023 range. This will have a positive effect on subsequent increases. Judging from the indicators, ETC has entered a bullish trend. On the WTA indicator, we can see that in the previous waves of rise, the inflow of whales represented an increase, and the outflow represented a callback. But the trend is closer to a fluctuation. Yesterday's rise in ETC was supported by a lot of whales.
To sum up, we believe that ETC’s bullish trend is not over. Judging from the rise throughout 2023, As one of the few tokens with the halving concept and POW label, ETC has a greater possibility of rising.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Ethereum Classic ETC price is starting to grow?Looking at the ETCUSDT chart, we can assume that the almost 3-year downward trend in the ETC price is coming to an end.
As long as the ETCUSD price is above $18-20 , it is in an upward trend.
The medium-term target is $65-75 per 1 Ethereum Classic
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